MCX News and Press, Medley Capital Corporation 6.50% Notes due 2021 From 07/31/20

NEW YORK , July 31, 2020 /PRNewswire/ -- Sierra Income Corporation ("Sierra" or the "Company") today announced that its Board of Directors has determined to continue the temporary suspension of the monthly distributions on the shares of the Company's common stock to enhance financial...

Focus of Article The focus of this two-part article is a very detailed analysis comparing Ares Capital (ARCC) to some of the company's business development company ("BDC") peers (all sector peers I currently cover). I am writing this two-part article due to the continued requests that such a...

NEW YORK, June 15, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) announced today that, on June 12, 2020, the board of directors of the Company (the “Board”), including its special committee (the “Special Commit...

Introduction: Over the coming months, I will have a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding over 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6.5% t...

Investing in BDC Baby Bonds This article is part of a series discussing Business Development Company ("BDC") Baby Bonds (also known as exchange-traded debt) for investors who would like to limit the amount of overall risk and pricing volatility in exchange for lower yields. These article...

Quick Article Follow-Up As mentioned earlier this month in " Heavily-Discounted Monthly Dividend Payer ," Business Development Companies continue to trade at depressed values for many reasons including being considered small-cap, financial sector, and high yield, all of which have been ...

NEW YORK , May 15, 2020 /PRNewswire/ -- Medley Management Inc. (NYSE: MDLY) ("MDLY" or the "Company") today reported its financial results for its first quarter ended March 31, 2020 . Summary Fee earning assets under management were $1.7 billion as of March 31, 2020 Tot...

NEW YORK, May 11, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) today announced financial results for the quarter ended March 31, 2020. Second Quarter Summary Net asset value (“NAV”) of $2.60 per share Net in...

NEW YORK, May 05, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (“MCC” or the “Company”) today announced that it has received a notice of termination from Sierra Income Corporation (“Sierra”) of its agreement to merge with MCC purs...

NEW YORK , May 5, 2020 /PRNewswire/ -- Medley Management Inc. (NYSE: MDLY) ("MDLY" or the "Company") today announced that is has received a notice of termination from Sierra Income Corporation ("Sierra") of its agreement to merge with MDLY pursuant to the Amended and Restated Agreement an...